Top News Stories from Around the US and World

Top News Stories from Around the US and World

Top News Stories from Around the US and World





These are the top news stories from around the US and world. Stay to date with what is going on and stay in the know with the constantly updated news feed below.

  • Bitcoin jolted by regulation worries, tumbles 11 percent on extended sell-off
    TOKYO/LONDON (Reuters) - Bitcoin skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. ... Keep on reading...
  • Euro surge threatens profitable bond trades
    LONDON (Reuters) - The euro's sizzling January rally is undermining one of the most profitable bond market trades of recent years by potentially raising hedging costs and thereby eroding profits of overseas investors. ... Keep on reading...
  • Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal – sources
    HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters. ... Keep on reading...
  • #MeToo effect: Calls flood U.S. sexual assault hotlines
    WASHINGTON (Reuters) - The phones at U.S. sexual assault hotlines have been ringing in record numbers as the #MeToo social movement spurs victims to reach out for help, sending organizations scrambling to keep up. ... Keep on reading...
  • As Trump heads to Davos, survey points to rising risk of war
    BERLIN (Reuters) - The risk of political and economic confrontations between major powers, including outright military conflicts, has risen sharply, according to a survey released by the World Economic Forum (WEF) days before its annual gathering in Davos. ... Keep on reading...
  • North Korea to send cheerleaders to Olympics but Japan sees little to applaud
    SEOUL (Reuters) - North Korea will send a 230-strong cheering squad to the Winter Olympics in the South next month, Seoul said on Wednesday after both sides held talks amid a thaw in inter-Korean ties and as Japan urged caution over the North's "charm offensive". ... Keep on reading...
  • North Korea to send cheerleaders to Olympics but Japan sees little to celebrate
    SEOUL (Reuters) - North Korea will send a 230-strong cheering squad to the Winter Olympics in the South next month, Seoul said on Wednesday after both sides held talks amid a thaw in inter-Korean ties and as Japan urged caution over the North's "charm offensive". ... Keep on reading...
  • Big U.S. lenders reap benefits of higher rates, but savers not so much
    NEW YORK (Reuters) - The U.S. Federal Reserve began steadily raising interest rates one year ago, offering a long-awaited tailwind for bank earnings because lenders can charge borrowers more for loans. ... Keep on reading...
  • Bitcoin jolted by regulation worries, falls 7 percent on extended selloff
    TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. ... Keep on reading...
  • Bitcoin falls more than 7 percent as regulation worries mount
    TOKYO (Reuters) - The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency. ... Keep on reading...
  • Former Trump aide Bannon refuses to comply with House subpoena
    WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon declined on Tuesday to comply with a subpoena ordering him to answer questions from a House intelligence panel about his time at the White House as part of its investigation into allegations of Russian interference in the U.S. election. ... Keep on reading...
  • Ex-U.S. Navy officers face negligent homicide charges over ship collisions
    WASHINGTON (Reuters) - The commanding officers of two U.S. Navy destroyers involved in deadly collisions last year in the Pacific Ocean face courts-martial and military criminal charges including negligent homicide, the U.S. Navy said in a statement on Tuesday. ... Keep on reading...
  • House Republicans mull funding extension; ‘Dreamer’ deal not set
    WASHINGTON (Reuters) - House Republicans considered on Tuesday a stopgap bill to fund the U.S. government through Feb. 16 to avert a shutdown, but the measure would not include Democrats' demands for protections for young people brought to the United States illegally as children. ... Keep on reading...
  • Asian shares dip as commodities ease, bitcoin licks wounds
    TOKYO (Reuters) - Asian stocks stepped back from a record high on Wednesday as the region's resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations. ... Keep on reading...
  • Trump is fit for duty, but should hit the gym: White House doctor
    WASHINGTON (Reuters) - U.S. President Donald Trump passed a test for signs of dementia and is in overall excellent health, but needs to shed weight by cutting calories, fats and carbohydrates and starting a daily exercise routine, the White House physician said on Tuesday. ... Keep on reading...
  • Bangladesh agrees with Myanmar to complete Rohingya return in two years
    DHAKA/YANGON (Reuters) - Bangladesh and Myanmar agreed on Tuesday to complete within two years the return of hundreds of thousands of Rohingya Muslims who fled an army crackdown last year in Myanmar. ... Keep on reading...
  • Second U.S. winter storm forces hundreds of flight cancellations
    NEW YORK (Reuters) - A second winter storm in as many weeks is causing hundreds of flight cancellations across the United States, airlines reported on Tuesday, potentially dealing a further blow to carriers' first quarter outlooks. ... Keep on reading...
  • Special counsel subpoenas former Trump aide Bannon: NYTimes
    WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon has been subpoenaed by Special Counsel Robert Mueller to testify before a grand jury in a probe of alleged ties between Russia and Trump's 2016 presidential campaign, the New York Times reported on Tuesday. ... Keep on reading...
  • 21 states sue to keep net neutrality as Senate Democrats reach 50 votes
    (Reuters) - A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission's decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling. ... Keep on reading...
  • Trump is sharp, but needs to lose weight: White House doctor
    WASHINGTON (Reuters) - U.S. President Donald Trump passed a cognitive test and is in overall excellent health, but needs to lose 10 to 15 pounds (4.5 to 6.8 kg) by eating better and starting to exercise, the White House physician said on Tuesday. ... Keep on reading...
  • Bitcoin falls 25 percent to $10,200 on Bitstamp exchange
    SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option. ... Keep on reading...
  • Starved California siblings treated after rescue from ‘horrific’ home
    PERRIS, Calif. (Reuters) - The 13 siblings found starving in a filthy California home, some of them shackled to furniture, were getting food and treatment after being rescued from a "horrific" ordeal that could leave them scarred for years, authorities said on Tuesday. ... Keep on reading...
  • Ex-CIA officer arrested for retaining classified information
    WASHINGTON (Reuters) - A former Central Intelligence Agency officer was arrested at an U.S. airport on Monday night in connection with charges that he illegally retained highly classified information, the U.S. Justice Department said Tuesday. ... Keep on reading...
  • Special counsel subpoenas former Trump aide Bannon: NYT
    WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon has been subpoenaed by Special Counsel Robert Mueller to testify before a grand jury in a probe into alleged ties between Russia and Trump's 2016 presidential campaign, the New York Times reported on Tuesday. ... Keep on reading...
  • White House doctor says Trump in ‘excellent’ overall health
    WASHINGTON (Reuters) - U.S. President Donald Trump had a normal score on a cognitive exam and is in excellent health, although he could benefit from a lower-fat diet and more exercise, the White House physician said on Tuesday. ... Keep on reading...
  • U.S. warns investors over Venezuela’s ‘petro’ cryptocurrency
    WASHINGTON/CARACAS (Reuters) - The U.S. Treasury Department on Tuesday warned that Venezuela's proposed "petro" cryptocurrency could violate sanctions against the OPEC nation's socialist government, a statement that could dent investor appetite for the soon-to-be-launched token. ... Keep on reading...
  • U.S. Senate Democrats close to majority in drive to restore net neutrality
    (Reuters) - U.S. Senate Democrats said on Tuesday they had the backing of 50 members of the 100-person chamber to overturn the U.S. Federal Communications Commission’s decision to reverse the Obama administration's net neutrality rules, leaving them just one vote short of a majority. ... Keep on reading...
  • U.S. withholds $65 million in Palestinian aid after Trump threat
    WASHINGTON (Reuters) - The United States will give a U.N. agency $60 million in aid for Palestinians refugees but withhold a further $65 million for now, the State Department said on Tuesday, as the Trump administration carried out a threat it made two weeks ago to cut funding. ... Keep on reading...
  • Victim of ex-USA gymnastics doctor says abuse led to dad’s suicide
    LANSING, Mich. (Reuters) - One of the victims of USA Gymnastics team physician Larry Nassar, who pleaded guilty to molesting dozens of girls, on Tuesday blamed the disgraced doctor for her father's suicide. ... Keep on reading...
  • California siblings being treated after ‘horrific’ ordeal
    PERRIS, Calif. (Reuters) - The 13 California siblings kept in "horrific" conditions by their parents, including some who were shackled to furniture, others who were starved, were being treated after an ordeal that could leave them scarred for years, authorities said on Tuesday. ... Keep on reading...
  • Wall St. eases on lower oil prices
    NEW YORK (Reuters) - Wall Street's major stock indexes pared gains in late afternoon trading on Tuesday as lower oil prices weighed on the energy sector. ... Keep on reading...
  • Senate Democrats close to majority in drive to restore net neutrality
    (Reuters) - U.S. Senate Democrats said on Tuesday they had the backing of 50 members of the 100-person chamber to overturn the U.S. Federal Communications Commission’s decision to reverse the Obama administration's net neutrality rules, leaving them just one vote short of a majority. ... Keep on reading...
  • Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion
    LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products. ... Keep on reading...
  • U.S.-led meeting urges North Korea pressure despite North-South detente
    VANCOUVER (Reuters) - The world needs to keep up pressure on North Korea to force it to abandon its nuclear weapons program and should not be fooled by a charm offensive in engaging South Korea, participants at a 20-nation meeting on North Korea said on Tuesday. ... Keep on reading...
  • Trump administration to appeal ‘Dreamer’ immigrant ruling
    WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday said it will ask the Supreme Court to overturn a lower court ruling last week that blocked President Donald Trump's move to end a program that protects hundreds of thousands of immigrants brought to the United States illegally as children. ... Keep on reading...
  • U.S. to provide $60 million in Palestinian aid, withhold $65 million
    WASHINGTON (Reuters) - The United States will give a U.N. agency $60 million in aid for Palestinians but will withhold a further $65 million "for future consideration," a U.S. official said on Tuesday. ... Keep on reading...
  • U.S. to provide $60 million for Palestinians, withhold $65 million
    WASHINGTON (Reuters) - The United States will provide $60 million in aid for Palestinians to the United Nations Relief and Works Agency (UNRWA) but will withhold a further $65 million "for future consideration," a U.S. official said on Tuesday. ... Keep on reading...
  • U.S. government shutdown looms amid harsh immigration exchange
    WASHINGTON (Reuters) - Partisan finger-pointing over immigration policy on Tuesday left the U.S. Congress and the White House stumbling closer to a possible federal government shutdown by the end of the week, although Wall Street held out hopes for a deal to prevent that. ... Keep on reading...
  • U.S.-led meeting says sanctions pressure on North Korea must be maintained
    VANCOUVER (Reuters) - Sanctions pressure must be maintained on North Korea to force it to abandon its nuclear weapons program and the world should not be fooled by its current charm offensive in engaging South Korea, participants at a 20-nation meeting on North Korea said on Tuesday. ... Keep on reading...
  • California hostages were biological children of captors: police
    PERRIS, Calif. (Reuters) - The 13 people rescued from captivity in a Southern California home on Sunday were the biological children of their captors, police Captain Gregory Fellows told reporters on Tuesday. ... Keep on reading...
  • Special counsel subpoenas former Trump aide Bannon: report
    WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon has been subpoenaed by Special Counsel Robert Mueller to testify before a grand jury in a probe into alleged ties between Russia and Trump's 2016 presidential campaign, the New York Times reported on Tuesday. ... Keep on reading...
  • Dow hits 26,000 for first time on earnings optimism
    (Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup. ... Keep on reading...
  • Advisers urge deep discount in Venezuelan cryptocurrency offering
    CARACAS (Reuters) - Advisers to the Venezuelan government are recommending it sell $2.3 billion of its new cryptocurrency, the petro, in a private offering at a discount of up to 60 percent, according to a document reviewed by Reuters. ... Keep on reading...
  • Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push
    LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products. ... Keep on reading...
  • Senate to vote to renew NSA’s internet surveillance program
    WASHINGTON (Reuters) - The U.S. Senate on Tuesday planned to vote to advance a bill to renew the National Security Agency's warrantless internet surveillance program, as privacy advocates made a final push to derail the measure. ... Keep on reading...
  • Trump says he wants more immigrants from ‘everywhere’
    WASHINGTON (Reuters) - U.S. President Donald Trump, asked whether he wanted more immigrants from Norway, said on Tuesday that he wanted the United States to draw immigrants from nations around the world. ... Keep on reading...
  • Dow briefly tops 26,000 mark
    (Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup. ... Keep on reading...
  • GE renews break-up talk as it discloses $11 billion fourth quarter hit
    (Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws. ... Keep on reading...
  • Citigroup reports $18 billion loss on one-time tax items
    (Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets. ... Keep on reading...
  • Tortured, starved California children rarely seen outside home: neighbors
    PERRIS, Calif. (Reuters) - The 13 California siblings who police said were starved and chained to beds by their parents rarely left their disheveled house and, when they did, appeared small and pale and acted strangely, neighbors said. ... Keep on reading...
  • GE to take $6.2 billion hit from insurance portfolio
    (Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday. ... Keep on reading...
  • Dow breaches 26,000 mark on robust earnings reports
    (Reuters) - Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26,000 mark for the first time, as the fourth-quarter earnings season kicked into high gear. ... Keep on reading...
  • Bitcoin, rival cryptocurrencies plunge on crackdown fears
    LONDON (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as fears of a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies. ... Keep on reading...
  • Dow hits 26,000 for first time
    (Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment. ... Keep on reading...
  • Homeland Security chief: Deporting ‘Dreamers’ not top priority
    WASHINGTON (Reuters) - Deporting immigrants who came to the United States illegally as children will not be a top federal law enforcement priority even if lawmakers do not pass a program to protect them, the U.S. Department of Homeland Security chief said in an interview aired on Tuesday. ... Keep on reading...
  • Citi profit tops estimates; books $22 billion tax charge
    (Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading. ... Keep on reading...
  • Ex-Trump chief strategist Bannon to meet with House panel on Russia
    WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon will meet behind closed doors on Tuesday with a U.S. House of Representatives committee that is probing whether Russia meddled in the 2016 presidential election. ... Keep on reading...
  • Citi reports $18.3 billion loss on tax law; adjusted profit rises 4 percent
    (Reuters) - Citigroup Inc on Tuesday posted an $18.3 billion quarterly net loss on one-time tax charges, but said adjusted income rose 4 percent from a year earlier as consumer businesses made up for lower revenue from bond and currency trading. The loss for the fourth quarter was due to a $19 billion write-down on the value of deferred tax assets left from losses in the financial crisis and $3 billion of expenses for the new U.S. tax on past profits earned and kept abroad. ... Keep on reading...
  • GE to take $6.2 billion charge in its finance arm
    (Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said. ... Keep on reading...
  • GE to take $6.2 billion charge in its finance arm in fourth quarter
    (Reuters) - U.S. industrial conglomerate General Electric Co said on Tuesday it would record an after-tax charge of $6.2 billion for the fourth quarter related to its finance arm's run-off insurance portfolio. ... Keep on reading...

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